8-K 1 fh0201_8k0305.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 25, 2003 FH (Depositor) (Issuer in respect of First Horizon Mortgage Pass-Through Trust, Mortgage (Exact name of registrant as specified in charter) Texas 333-74467 13-4150878 (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) 4000 Horizon Way, Irving, TX 75063 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including area code: (214) 441-4000 Not Applicable (Former name, former address and former fiscal year, if changed since last report) Item 5. Other Events FH First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2002-1 On May 25, 2003, The Bank of New York, as Trustee for FH, First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2002-1, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of January 1, 2002, among FH as Depositor, , Seller and Master Servicer and The Bank of New York, as Trustee. Item 7. Financial Statements and Exhibits (c) Exhibits Exhibit No. Description 99 Report to Holders of FH, First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2002-1 relating to the distribution date of May 25, 2003 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of January 1, 2002. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Dated: May 25, 2003 FH By: /s/ Diane Pickett ------------------------------ Name: Diane Pickett Vice President The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated May 25, 2003 Payment Date: 05/25/03 ------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------

Class Information Current Payment Information ---------------------------------------------------------------------------------------------------------------------------------- Beginning Pass Thru Principal Interest Total Principal Interest Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls ---------------------------------------------------------------------------------------------------------------------------------- Senior IA1 50,000,000.00 6.250000% 0.00 259,~~047~~649.1222 259,~~047~~649.1222 0.00 ~~1,369~~767.5445 IA2 ~~124~~82,~~095~~825,~~070~~179.8194 6.250000% 4131,~~269~~882,~~890~~137.8757 ~~642~~430,~~929~~109.4287 4132,~~912~~312,~~820~~247.2944 0.00 31,~~399~~271.0728 IA3 44,590,000.00 6.250000% 0.00 231,~~018~~555.2217 231,~~018~~555.2217 0.00 ~~1,221~~684.3641 IA4 34,237,000.00 6.250000% 0.00 177,~~379~~792.9321 177,~~379~~792.9321 0.00 ~~937~~525.7850 Residual IAR 0.00 6.250000% 0.00 0.0100 0.0100 0.00 0.00 IIA1 5038,~~144~~910,~~244~~215.4185 6.000000% 118,~~234~~078,~~028~~523.5549 ~~249~~190,~~122~~622.9781 118,~~483~~269,~~151~~146.5230 0.00 13,~~598~~928.2627 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 7,~~879~~865,~~464~~506.9713 6.~~228000~~227998% 138,~~958~~242.8568 40,~~675~~641.4998 5448,~~634~~884.3466 0.00 ~~218~~179.9399 B2 3,~~200~~194,~~232~~563.5922 6.~~228000~~227998% 53,~~669~~347.3675 16,~~520~~506.2968 2219,~~189~~854.6543 0.00 8873.9210 B3 2,~~166~~162,~~311~~473.2957 6.~~228000~~227998% 32,~~837~~266.7217 11,~~182~~173.9675 1513,~~020~~439.6992 0.00 6049.1948 B4 1,~~083~~081,~~155~~236.6578 6.~~228000~~227998% 1,~~918~~133.8609 5,~~591~~586.4887 76,~~510~~719.3496 0.00 3024.1074 B5 1,~~083~~081,~~155~~236.6578 6.~~228000~~227998% 1,~~918~~133.8609 5,~~591~~586.4887 76,~~510~~719.3496 0.00 3024.1074 B6 ~~837~~812,~~762~~936.8308 6.~~228000~~227998% ~~1,484~~851.1492 4,~~324~~200.7153 5,~~808~~052.8545 ~~23,342~~0.6100 2318.2860 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~319~~266,~~316~~760,~~398~~348.1835 - 5239,~~532~~977,~~707~~635.2276 1,~~643~~373,~~384~~425.0896 5441,~~176~~351,~~091~~061.3072 ~~23,342.61~~- 87,~~977~~547.5357 ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior IA1 50,000,000.00 ~~1,369~~767.5445 IA2 8250,~~825~~943,~~179~~042.9437 31,~~399~~271.0728 IA3 44,590,000.00 ~~1,221~~684.3641 IA4 34,237,000.00 ~~937~~525.7850 Residual IAR 0.00 0.00 IIA1 3830,~~910~~831,~~215~~692.8536 13,~~598~~928.2627 -------------------------------------------------------------------------------- Subordinate B1 7,~~865~~857,~~506~~263.1344 ~~218~~179.9399 B2 3,~~194~~191,~~563~~215.2247 8873.9210 B3 2,~~162~~160,~~473~~207.5739 6049.1948 B4 1,~~081~~080,~~236~~103.7870 3024.1074 B5 1,~~081~~080,~~236~~103.7870 3024.1074 B6 812,~~936~~084.0816 2318.2860 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~266~~226,~~760~~782,~~348~~712.3559 87,~~977~~547.5357 --------------------------------------------------------------------------------

Payment Date: 05/25/03 ------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------

Class Information Current Payment Information Factors per $1,000 ------------------------------------------------------------------------------------------------------------------------ Beginning Pass Thru CUSIP Principal Interest Ending Cert./ Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal. ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Senior IA1 50,000,000.00 6.250000% 32051DKA9 0.000000 5.~~180942~~192984 1,000.000000 IA2 ~~124~~82,~~095~~825,~~070~~179.8194 6.250000% 32051DKB7 ~~115~~89.~~853438~~500000 1.~~804841~~207411 ~~232~~143.~~508050~~008049 IA3 44,590,000.00 6.250000% 32051DKC5 0.000000 5.~~180942~~192984 1,000.000000 IA4 34,237,000.00 6.250000% 32051DKD3 0.000000 5.~~180942~~192984 1,000.000000 Residual IAR 0.00 6.250000% 32051DKE1 0.000000 0.~~054882~~046660 0.000000 IIA1 5038,~~144~~910,~~244~~215.4185 6.000000% 32051DKJ0 ~~113~~81.~~998971~~978015 21.~~528012~~934373 ~~394~~312.~~847185~~869170 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 7,~~879~~865,~~464~~506.9713 6.~~228000~~227998% 32051DKK7 1.~~744420~~030078 5.~~083165~~078977 ~~982~~981.~~942530~~912452 B2 3,~~200~~194,~~232~~563.5922 6.~~228000~~227998% 32051DKL5 1.~~744420~~030078 5.~~083165~~078977 ~~982~~981.~~942530~~912452 B3 2,~~166~~162,~~311~~473.2957 6.~~228000~~227998% 32051DKM3 1.~~744420~~030078 5.~~083165~~078977 ~~982~~981.~~942530~~912452 B4 1,~~083~~081,~~155~~236.6578 6.~~228000~~227998% 32051DKF8 1.~~744420~~030078 5.~~083165~~078977 ~~982~~981.~~942530~~912452 B5 1,~~083~~081,~~155~~236.6578 6.~~228000~~227998% 32051DKG6 1.~~744420~~030078 5.~~083165~~078977 ~~982~~981.~~942530~~912452 B6 ~~837~~812,~~762~~936.8308 6.~~228000~~227998% 32051DKH4 1.~~744420~~001326 54.~~083165~~937211 ~~955~~954.~~506217~~504891 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~319~~266,~~316~~760,~~398~~348.1835 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 194,530,067.15 32,252,645.40 226,782,712.55 Loan count 449 84 533 Avg loan rate 6.767710% 6.448728% 6.72 Prepay amount 31,704,821.55 7,952,999.68 39,657,821.23 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 26,247.92 4,563.38 30,811.30 Sub servicer fees 51,904.31 7,039.82 58,944.13 Trustee fees 739.73 132.07 871.80 Agg advances N/A N/A N/A Adv this period 0.00 0.00 0.00 -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES -------------------------------------------------------------------------------- Total ----- Realized losses 0.00 0.00 0.00 Cumulative losses 23,342.61 0.00 23,342.61 Coverage Amounts Total ---------------- ----- Bankruptcy 134,844.00 0.00 134,844.00 Fraud 2,264,245.81 403,357.68 2,667,603.48 Special Hazard 3,133,659.26 0.00 3,133,659.26 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 93.933878% 100.000000% 250,562,395.79 ----------------------------------------------------------------------------- Junior 6.066122% 0.000000% 16,180,977.86 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 3 1,635,349.00 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 3 1,635,349.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- REO INFORMATION -------------------------------------------------------------------------------- REO Date Loan Number Ending Stated Balance Book Value -------- ----------- --------------------- ---------- N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A Totals: 0 N/A Current Total Outstanding Balance: 0.00 Current Total Outstanding Number of Loans: 0 -------------------------------------------------------------------------------- OTHER INFORMATION -------------------------------------------------------------------------------- Amount/Withdrawal Total/Ending Bal. ----------------- ----------------- Available remittance amount 41,351,061.72 41,351,061.72 Principal remittance amount 39,977,635.76 39,977,635.76 Interest remittance amount 1,373,425.96 1,373,425.96

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